Accident

2008-12-31 Accident Insurance Company: City Council Agenda For Tuesday Night - Breaking News

D) A resolution authorizing the Director of General Services to execute, on behalf of the City, a quitclaim deed in favor of Provident Life and Accident Insurance Company and given pursuant to Ordinance No. 12172 (Case No. MR-2008-112), passed by the City Council on , closing and abandoning a portion of the former eastern right-of-way of the 400 block of Cherry Street and the southern right-of-way of the 100 block of East 4th Street.

2008-12-30 Accident Insurance Companies: 3 accident insurance companies merging to stay afloat in sluggish market - The Mainichi Daily News

Three accident insurance companies are planning a merger to become Japans largest firm in the industry, in an attempt to increase their competitiveness in the face of an economic downturn.

Mitsui Sumitomo Insurance Group Holdings Inc. , Aioi Insurance Co. and Nissei Dowa General Insurance Co. are in the final stage of negotiations on a merger plan to be carried out in autumn 2009, insiders said.

Mitsui Sumitomo, Aioi and Nissei Dowa earned a total of over 2. 7 trillion yen from insurance premiums in fiscal 2007, surpassing the 2. 2 trillion yen earned by Tokyo Marine, currently the largest firm in the industry.

2008-12-25 Accident Insurance: 26/11 spawns a new breed of exclusive terror insurance- Analysis-Insurance-Personal Finance-The Economic Times

There are other insurance options available in the market that cover the risk of terrorism. One of those is a personal accident insurance and another is a simple term plan with a personal accident rider. If an individual opts for a personal accident cover worth Rs 5 lakh offered by general insurers, the premium works to around Rs 1,875 for 3 years, Rs 2,500 for 4 years and Rs 3,125 for 5 years. It also covers permanent total disability apart from accidental death. In the case of a term cover of Rs 20 lakh for 20 years, the premium could amount to Rs 7,755 a year with the accidental death benefit cover of Rs 5 lakh (Rs 7,010 without accidental death benefit).

2008-11-30 Accident Insurance Cover: UBI launches new scheme for SHG members

The member gets term life insurance coverage of is Rs 30,000, in case of natural death and Rs75,000, in case of death or total permanent disability due to accident. Apart from life risk, two children of JBY beneficiary, studying between IX and XII class, are also eligible for educational allowance of Rs100 per month, as an add-on benefit under and rsquo;Shiksha Sahayog Yojana and rsquo;.

The SHGs which are exclusively women are on the raise and they mainly consist of the bread winners of their family. But any sudden untoward incident like permanent physical disability or death can cripple the family into the penury for at least one more generation. It is in this background that the bank had mooted a low premium insurance cover for the credit-linked members of women SHGs. The total insurance premium is Rs 200 per member per year of which Rs 100 is borne by SHG member and balance of Rs 100 by Social Security Fund of GOI through LIC.

2008-11-25 Accident Insurance Policy: Retirement planning needs to account for inflation

Insurance linked investments prove to be less liquid, less transparent and more expensive investment vehicle. Since having adequate insurance cover for your life stage is crucial, consider a term insurance life cover and one accident insurance policy.

I intend to accumulate wealth for my retirement, though it might seem a bit late as I am 33 years old now. At present, I have not invested in any real estate and hence my LIC takes care of my tax benefits as well. I want to move away from insurance to investment. Please suggest me steps for that direction. Also I would like to build a corpus of around Rs 60 lakh for my retirement benefit. I would like to enter stock market and build an investment of around Rs 1 lakh over a year and keep it ramping to Rs 3 lakh in the next 4 to 5 years time.

Accident

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